# BAM Elevate: portfolio, investments and team > BAM Elevate is a private equity based in United States. 4 investments on record, 2 in the last 12 months, latest May 2026. Source: https://millionrounds.com/fund/bam-elevate (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # BAM Elevate Last cheque observed May 2026; 4 cheques on record. Email Private equity Deploying now Last fund, Feb 2024 Seed Series A Series B Enterprise_ai Infrastructure Physical_ai Follow BAM Elevate and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbam-elevate) Deploying now **67%** of best year **2** **cheques in 12 months**, 4 on record Since the last cheque **183** days **00** hrs **00** min **00** sec Median round **$400M** Rounds led **0 of 4** Pitch BAM Elevate ## BAM Elevate highlights - 01 2 cheques in the last 12 months - 02 Mostly Growth and Series B: 50% of its rounds ## What they do > We're a late-stage growth investor focused on companies on a path to IPO. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Enterprise_ai Infrastructure Physical_ai - **Based in:** United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **4 appearances** - **2026** 2 rounds - **May** **[Astranis](https://millionrounds.com/company/astranis)** Series E · US · Ventureburn **$300M** With 11 others - **Feb** **[Skyryse](https://millionrounds.com/company/skyryse)** Series C · US · TechCrunch **$300M** With 14 others - **2025** 1 round - **Jun** **[Applied Intuition](https://millionrounds.com/company/applied-intuition)** Growth · US · TechCrunch **$600M** With 19 others - **2024** 1 round - **Oct** **[Poolside](https://millionrounds.com/company/poolside)** Series B · US · Crunchbase News **$500M** With 19 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** DB **Dmitry Balyasny** Managing Member of Dames GP LLC, General Partner of Balyasny Capital Management Holdings LP, Sole Member of Balyasny Capital Management, LLC, Managing Member of BAM Elevate GP, LLC i Filing they signed We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **20** of 21 we have independently watched raise [AlphaSense](https://millionrounds.com/company/alphasense)[Anthropic](https://millionrounds.com/company/anthropic)[Applied Intuition](https://millionrounds.com/company/applied-intuition)[Astranis](https://millionrounds.com/company/astranis)[Canva](https://millionrounds.com/company/canva)[Crusoe](https://millionrounds.com/company/crusoe)[Databricks](https://millionrounds.com/company/databricks)[Deel](https://millionrounds.com/company/deel)[Forterra](https://millionrounds.com/company/forterra)[Harness](https://millionrounds.com/company/harness)[Instrumental](https://millionrounds.com/company/instrumental)[Kalshi](https://millionrounds.com/company/kalshi)[MACH Industries](https://millionrounds.com/company/mach-industries)[Poolside](https://millionrounds.com/company/poolside)[PsiQuantum](https://millionrounds.com/company/psiquantum)[Saronic](https://millionrounds.com/company/saronic)[Shield AI](https://millionrounds.com/company/shield-ai)[Skyryse](https://millionrounds.com/company/skyryse)[VAST Data](https://millionrounds.com/company/vast-data)[Verkada](https://millionrounds.com/company/verkada) Pic.inc Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. Latest fund on file **Raised** a fund in Feb 2024 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Series A Series B Median round joined **$400M** the round, not its cheque Led 0 of 4 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Growth said *1* - Series B said *1* - Series C *1* - Series E *1* - Seed said *-* - Series A said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Fidelity](https://millionrounds.com/fund/fidelity) 3 - [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 2 - [BlackRock](https://millionrounds.com/fund/blackrock) 2 - [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) 2 - [PremjiInvest](https://millionrounds.com/fund/premji-invest) 2 - [Qatar Ban](https://millionrounds.com/fund/qatar-ban) 2 **Pitching BAM Elevate?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as BAM Elevate. A count of rooms they were both in, not a relationship either has claimed. [**Fidelity** VC firm **3** rounds together](https://millionrounds.com/fund/fidelity)[**Andreessen Horowitz** VC firm **2** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**BlackRock** Asset manager **2** rounds together](https://millionrounds.com/fund/blackrock)[**Franklin Templeton** Private equity **2** rounds together](https://millionrounds.com/fund/franklin-templeton)[**PremjiInvest** Private equity **2** rounds together](https://millionrounds.com/fund/premji-invest)[**Qatar Ban** Growth equity **2** rounds together](https://millionrounds.com/fund/qatar-ban) ## Recently backed The latest companies BAM Elevate put money into. [**Astranis** $300M · May 2026](https://millionrounds.com/company/astranis)[**Skyryse** $300M · Feb 2026](https://millionrounds.com/company/skyryse)[**Applied Intuition** $600M · Jun 2025](https://millionrounds.com/company/applied-intuition)[**Poolside** $500M · Oct 2024](https://millionrounds.com/company/poolside) ## Mentioned on podcasts Episodes that name BAM Elevate in their description, not their title. - [Sourcery](https://millionrounds.com/podcasts/sourcery) 6 Apr 2026 · 32 min Applied Intuition: The $15B Physical AI Company (You Should Know) Mentions [Addition](https://millionrounds.com/fund/addition)[BAM Elevate](https://millionrounds.com/fund/bam-elevate)[BlackRock](https://millionrounds.com/fund/blackrock) *+9* Apple PodcastsShow page ## Quick answers about BAM Elevate ### What does BAM Elevate invest in? BAM Elevate invests most often at Growth and Series B (50% of the rounds on record), in sectors such as Enterprise_ai, Infrastructure and Physical_ai. ### How active is BAM Elevate? 4 investments on record, 2 of them in the last 12 months. The most recent was in May 2026. ### What has BAM Elevate invested in recently? Its most recent investments on record: Astranis (Series E, May 2026), Skyryse (Series C, Feb 2026) and Applied Intuition (Growth, Jun 2025). ### How big are BAM Elevate's cheques? The median round it joins is $400M. ### Is BAM Elevate investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does BAM Elevate invest alongside? Most often Fidelity (3 rounds together), Andreessen Horowitz (2 rounds together) and BlackRock (2 rounds together). ### What kind of investor is BAM Elevate? BAM Elevate is a private equity firm based in United States. ### Has BAM Elevate raised a new fund? Its latest fund filing with the SEC was in Feb 2024. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=bam-elevate) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=bam-elevate)